Business ID: XB162969
TURNOVER APPROX. $2.1M UPMARKET LOCATION POTENTIAL TO DIVERSIFY
Don't miss this rare opportunity to acquire a profitable and well-loved retail business in one of Melbourne's most prestigious and affluent suburbs. Boasting a prime location and a carefully curated range of exclusive products, this store enjoys a loyal and repeat customer base that values quality and personalised service. The business is perfectly positioned for expansion and diversification, including adding a lucrative wholesale division.
- Same trusted location for over 50 years current owners have successfully managed the business for 28 years
- Bright and busy shop with three-tier wall displays and island counters filled with high-quality fresh produce
- Extensive range of grocery items, including dairy products, gourmet deli items and gluten-free products
- Fresh sliced fruit and fruit salads available daily fruit platters for all occasions made to order
- Loyal client base of families and elderly couples, with weekly shopping routines
- Wholesale services for local cafés, hotels and restaurants
- Attracts new customers via reputation, word of mouth, and donations to local schools and organisations
- Located in the heart of Balwyn opposite McDonald's with plenty of car spaces for customers
- Surrounded by essential stores including Priceline, Meatsmith and a Japanese grocery store
- Retail space of 110 sqm plus storage area with two large cool rooms and loading dock forklift included
This successful business offers many opportunities for growth and expansion, such as extended trading hours, adding a flower section, and launching a wholesale division at the back of the store in the car park.
PRICE: $450,000
Property Code: 4432
